I think a small bounce towards the next resistance zone, so I'm taking a small long to sell for a short. ETH has been creating lower highs and lower lows for the past couple of days.
I'm only risking 1R both long and short.
ETH long:
Entry: $4085
SL: $4010
TP1: $4290 with 1% risk for 2.73R
After TP I'm going for a short with multiple targets. I expect some wicks towards 4300 in the coming day or two, that would be my entry.
Entry: $4323
SL: $4469
TP1: $4085 with 0,25% risk for 1.64R
TP2: $3932 with 0,25% risk for 2.7R
TP3: $3748 with 0,25% risk for 3.95R
TP4: $3618 with 0,25% risk for 4.84R
I'm only risking 1R both long and short.
ETH long:
Entry: $4085
SL: $4010
TP1: $4290 with 1% risk for 2.73R
After TP I'm going for a short with multiple targets. I expect some wicks towards 4300 in the coming day or two, that would be my entry.
Entry: $4323
SL: $4469
TP1: $4085 with 0,25% risk for 1.64R
TP2: $3932 with 0,25% risk for 2.7R
TP3: $3748 with 0,25% risk for 3.95R
TP4: $3618 with 0,25% risk for 4.84R
Note
Cancelled the long, took off without me.Note
I was a week early.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.